Global Textured Soy Protein, By Type (Non-GMO, Conventional & Organic and Others), Source (Soy Protein Concentrates, Soy Protein Isolates and Soy Flour), Application (Food, Bakery products, Cereals & snacks, Dairy alternatives, Infant nutrition, Meat substitutes, Feed and others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Textured Soy Protein Market
Textured soy protein is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 1.28 billion by 2027 growing at a CAGR of 5.75% in the above-mentioned forecast period.
Textured soy protein (TSP) is also known as textured or textured vegetable protein (TVP), but the common name is total soy protein (TSP) because it is a derivative of soybean compared to vegetables. Soybean meal is a by-product of soybean oil, along with soy flour or soybean products. It is often used in conjunction with meat. Shaped soy protein is often used instead of meat and in some cases it is also used as meat. This is a kind of ground beef. Therefore, it is also an ideal meat substitute in spaghetti sauce, peppers, tacos and hamburgers. TVP can be used in meat dishes as an additive to meat dishes. It is commonly used in the cafeteria of institutions that do not have sufficient financial resources, such as schools and prisons.
In January 2018, Canadian Bio-Systems Inc. (CBS Inc.) launched Feed Check Soy at the International Production and Processing Expo in Atlanta, Ga. It is a new tool that allows fast, on-site analysis of soybean meal quality. DuPont Nutrition and Health has also launched Sapporo XT55, a specialty soy protein, a new product in the textured soy protein market. This has created a challenge as well as opportunity side by side for the various market players who are planning to expand and expand their roots in the soy protein market.
Increasing awareness of low-cost protein availability among consumers is a major factor in the global soy protein market. The growing vegetarian and vegan population is another important factor in increasing the demand for soy protein configured in the global market. Increasing consumption among individuals is another factor for the growth of a high protein-based food target market. Structured soy protein is used as a flavour binder in various dishes because it helps to absorb oil, maintains moisture content, and provides better texture, which is another aspect of its demand in the food industry. Further, the rise in health consciousness among consumers is fuelling the growth of the global textured soy protein market in the near future.
However, the introduction of flavoured soy protein and the growing demand for plant-based protein can create high revenue opportunities for players in the target market. Whereas rising health-conscious population and Strict regulations by government for genetically modified crops is hampering the market growth.
This textured soy protein market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research textured soy protein market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Textured Soy Protein Market Scope and Market Size
Textured soy protein market is segmented on the basis of type, source and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the textured soy protein market is segmented into Non-GMO, conventional & organic and others.
- Based on source, the textured soy protein market is segmented into soy protein concentrates, soy protein isolates and soy flour.
- Based on the application the textured soy protein market is segmented into food, bakery products, cereals & snacks, dairy alternatives, infant nutrition, meat substitutes, feed and others.
Textured Soy Protein Market Country Level Analysis
Textured soy protein market is analyses and market size, volume information is provided by country source, type and application as referenced above.
The countries covered in the textured soy protein market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the textured soy protein market in the forecast period 2020 to 2027 because of growing demand for poultry product in the region and increasing urbanization in the region.
The country section of the textured soy protein market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Probiotics in Animal Feed Market Share Analysis
Textured soy protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to textured soy protein market.
The major players covered in textured soy protein report are ADM, Cargill., Wilmar BioEthanol, Victoria Group, Bremil Group, Sonic Biochem, CROWN SOYA PROTEIN GROUP, HOYA FOOD, SHANDONG YUXIN BIO-TECH CO. LTD., and Bunge among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available : Global Textured Soy Protein Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report